Roger Farmer
Roger E. A. Farmer | |
---|---|
Born | |
Nationality | British-American |
Academic career | |
Institutions | University of Warwick, University of California, Los Angeles (Distinguished Emeritus) |
Field | Economics |
Alma mater | University of Western Ontario |
Doctoral advisor | Joel Fried Michael Parkin Peter Howitt |
Information at IDEAS / RePEc |
Roger Edward Alfred Farmer is a British/American
New Keynesian economics which reintroduces a central idea from John Maynard Keynes' The General Theory of Employment, Interest and Money; that high involuntary unemployment can persist as a permanent equilibrium outcome. He provided an accessible introduction to these ideas in his 2010 book How the Economy Works,[8] and more recently, in his 2016 book Prosperity for All,[9] both of which were written for a general audience. The Farmer Monetary Model has different and high policy implications and relevance. Farmer's policy proposal to achieve full employment by controlling and stabilizing asset prices shows promise as a way to help prevent stock market crashes and deep recessions. His son is the economist Leland Edward Farmer, who joined the faculty at the University of Virginia in July 2017.[10]
Awards and honors
- Honorary Fellow, National Institute of Economic and Social Research (NIESR) 2019–present
- Research Director, National Institute of Economic and Social Research (NIESR) UK, November 2016–September 2019
- Festschrift in Honour of Professor Roger Farmer[11]
- Co-Winner of the 2013 Maurice Allais Prize in Economic Science
- Houblon-Norman Senior Fellowship, Bank of England, January–December 2013
- Research Associate, National Bureau of Economic Research
- Research Fellow, Centre for Economic Policy Research
- Warren C. Scoville Distinguished Teaching Award, UCLA
- Fellow, Econometrics Society, 2003 –Present
- University of Helsinki Medal, 2000(In Recognition of Work on Self-Fulfilling Prophecies)
- Fellow Commoner, Churchill College Cambridge
- National Science Foundation Grants, 1988-1990, 1996-1999, 2004–2007, 2007-2010
- Cobden Prize, Manchester University, 1976
Education
- Ph.D. Economics, University of Western Ontario, London, Ontario, Canada, 1982
- M.A. Econometrics, Manchester University, Manchester, UK, 1977
- B.A. Economics, First Class Honors, Manchester University, Manchester UK, 1976
- Latymer Grammar School, London, UK, 1973
References
- ^ "Roger Farmer".
- ^ UCLA Economics bio
- ISBN 978-0262062039.
- S2CID 219367550.
- S2CID 209177581.
- ISBN 978-0262062039.
- ISBN 978-0195397901.
- ISBN 978-0199360307.
- ISBN 978-0190922405.
- ^ "| Department of Economics".
- ^ "Special Issue: Market Frictions in Macroeconomic Dynamics". International Journal of Economic Theory. 15 (1). 2019.
- Farmer, Roger E. A. (2020). "The Indeterminacy School of Macroeconomics". Oxford Research Encyclopaedia of Economics and Finance. S2CID 219367550.
- Farmer, Roger E. A. (2010). Expectations, Employment and Prices. ISBN 978-0195397901.
- Farmer, Roger E. A. (1999). Macroeconomics of Self-fulfilling Prophecies. ISBN 978-0262062039.
- Farmer, Roger E. A. (2010). How the Economy Works. ISBN 978-0199360307.
- Farmer, Roger E. A. (2016). Prosperity for All. ISBN 978-0190922405.
- "Special Issue: Market Frictions in Macroeconomic Dynamics". International Journal of Economic Theory. 15 (1). 2019.
- Farmer, Roger (May 2020). "The Importance of Beliefs in Shaping Macroeconomic Outcomes". S2CID 209177581.
External links
- Roger Farmer on Twitter
- Roger Farmer's Economic Window